1.2 The Integration of the Blockchain and Decentralized Social Networking

The birth of the blockchain stands for the beginning of building a truly trustworthy Internet. The blockchain network provides Web3 with a secure execution layer where crypto assets can be created, issued, and traded and programmable smart contracts can also be developed.

Smart contracts are immutable programs on the blockchain that automatically execute transactions using the code logic of "if x is true, execute y". Decentralized applications can be created by programmable smart contracts , so-called "dApps". Decentralized applications are cryptoeconomic-based protocols that lay the foundation for the development of Web3 and put Web3 in the hands of users.

SocialFi products are the products that based on the underlying infrastructure of Web 3.0, starting from people's needs for 'decentralized social' or 'decentralized finance' (DeFi), and integrate the two needs together. The combination of decentralized social networking and finance can break the platform monopoly, eliminate single-point risks, and create new business models and product categories in the wave of the global digital economic system.

In AirshipX, users’ identity will be authenticated with private keys, and real users (user anonymity can be achieved) will be created through Web3 social relations, application behavior and personal assets. On the Airship platform, users will have absolute control over their social data which is a decentralized way of socializing.